Green groups sue Biden admin over approval of Alaska Willow oil project

Reuters | March 15, 2023

By Timothy Gardner WASHINGTON (Reuters) – Six environmental groups filed a lawsuit on Tuesday over the Biden administration’s approval of ConocoPhillips’ Willow oil and gas project in Alaska, which they claimed could be a stepping stone to more development in an ecologically sensitive region. Trustees for Alaska, the Alaska Wilderness League, the Sierra Club, The […]

Davos 2023: Europe must seize catch-up chance – EU’s Gentiloni

Reuters | January 18, 2023

DAVOS, Switzerland (Reuters) – An improved economic outlook gives Europe the chance to double-down on efforts to boost its industrial competitiveness in key sectors from clean energy to semiconductors, EU Economy Commissioner Paolo Gentiloni said on Wednesday. Speaking on the sidelines of the World Economic Forum in Davos, Gentiloni said the bloc could avoid an […]

Germany’s energy crisis powers hydrogen switch

Reuters | December 29, 2022

By Louisa Off and Riham Alkousaa KELHEIM, Germany (Reuters) – From the moment Russian gas exports to Germany were first disrupted in June, German firm Kelheim Fibers began casting around for alternative options to keep its engines running. As a result, the Bavarian-based firm, whose fibres are used in anything from teabags to tampons, will […]

The year Russia turbocharged a global energy crisis

Reuters | December 15, 2022

By David Gaffen (Reuters) – For the energy industry, 2022 will be remembered as the year Russia’s invasion of Ukraine accelerated a global energy crisis. The invasion, and subsequent Western sanctions, heaped new pressures on oil and gas supplies already strained from the rapid economic rebound from the pandemic. The world’s top energy companies beat […]

Britain eyes trade agreements with California, Utah

Reuters | December 10, 2022

By Andrea Shalal WASHINGTON (Reuters) – Britain this week inked an agreement aimed at boosting trade and investment with South Carolina, its third such deal with a U.S. state, and is seeking similar deals with California and Utah, the UK junior trade minister, Greg Hands, said on Friday. Britain remains convinced that a comprehensive free […]

U.S. to expand solar panel tariffs after probe finds Chinese evasion

Reuters | December 2, 2022

By Nichola Groom (Reuters) -The United States will impose new duties on imports from some major Chinese solar panel makers after a months-long investigation found they were trying to dodge tariffs by finishing their products in Southeast Asian countries, trade officials said on Friday. The preliminary decision was bad news for U.S. solar project developers […]

Rolls-Royce successfully tests hydrogen-powered jet engine

Reuters | November 28, 2022

LONDON (Reuters) – Britain’s Rolls-Royce said it has successfully run an aircraft engine on hydrogen, a world aviation first that marks a major step towards proving the gas could be key to decarbonizing air travel. The ground test, using a converted Rolls-Royce AE 2100-A regional aircraft engine, used green hydrogen created by wind and tidal […]

Honeywell to pay $1.3 billion to resolve asbestos-related claims

Reuters | November 21, 2022

(Reuters) – Honeywell International Inc will pay $1.3 billion to end asbestos-related claims stemming from its former unit, the industrial giant said on Friday, helping it reduce its environmental liabilities. The settlement, as part of a deal with North American Refractories Asbestos Personal Injury Settlement Trust, will help the aerospace manufacturer eliminate its funding obligations […]

U.S. awards $1 billion to electrify school bus fleets

Reuters | October 26, 2022

(Reuters) – The Biden administration on Wednesday unveiled nearly $1 billion in awards to U.S. school districts to replace aging, gas-fueled school buses with cleaner, mainly electric models. The funding is the first tranche of $5 billion that the U.S. Environmental Protection Agency (EPA) will hand out over five years through a clean school bus […]

BlackRock raises $4.5 billion for climate-focused infrastructure fund

Reuters | October 26, 2022

(Reuters) – BlackRock Inc has raised $4.5 billion out of an overall $7.5 billion-target for a new fund to invest in infrastructure assets aimed at climate-focused projects, the world’s largest asset manager said on Tuesday. BlackRock, which manages around $8 trillion in assets, said public and private pension funds, sovereign wealth funds, insurance companies and […]

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